PS3 Formatting Question

GamerDude316

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I have a 250 GB Super Slim PS3 that I am looking to trade into GameStop today before the "buy a PS4 and get a year of PS+" promotion ends. I went to do a full format of the system this morning and it says I have 15 hours left which will go past Gamestop's closing time. Will a "quick format" still wipe all of my account information and game data or I do just need to suck it up and wait the 15 hours? Wish I had known this yesterday so I could have set the system to do this overnight.
 
Deactivate all accs on your ps3 then proceed to delete each acc until there's only one. Create a new user and delete that last user that was there. Then proceed to deleting game data etc. I think this would be faster than doing a format.
 
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